farm and non-farm households within counties and over time. The results suggest that increased rainfall risk does indeed … shows that this effect is reduced if risk management devices such as irrigation systems, formal financial institutions or … machinery emerge. The findings contribute to the understanding of the demographic transition in the US and in risk-prone areas …

Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes …

receiving country. By applying generalised method of moment (GMM) estimation, we address endogeneity of the spatial network …

reduces the short-run likelihood of institutional change toward democracy. Output contractions due to adverse weather shocks … ; weather ; commodity prices …

We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … standard measure of risk tolerance. We find that wealthy individuals are more likely to be entrepreneurs and invest a larger … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …